...So what happened with china?

[Wandererfromthenorth]

I thought PBoC demanded a complete "cut off" of fiat transfers for BTC related activity. "Collectible items for collectors".
All Okcoin and huobi do is raise the fees and stop leverage trading? That's it?
I'm kinda lost here.

I guess people were expecting a lot more BIG negative news (like forced closure or something), but the announcements were a lot less serious than expected and price perfectly reflected that.

What is you think we are likely to see before the 10th May deadline? Will we be done with china?

[dreamspark]

I'd imagine that this is just the warm up.

PBOC havent said anything, its more like the exchanges begging for mercy.

[alexeft]

What is you think we are likely to see before the 10th May deadline? Will we be done with china?

The 10th of May deadline will become the 10th of June deadline!!! 

[TERA]

I thought PBoC demanded a complete "cut off" of fiat transfers for BTC related activity. "Collectible items for collectors".
All Okcoin and huobi do is raise the fees and stop leverage trading? That's it?
I'm kinda lost here.

I guess people were expecting a lot more BIG negative news (like forced closure or something), but the announcements were a lot less serious than expected and price perfectly reflected that.

What is you think we are likely to see before the 10th May deadline? Will we be done with china?

You have misinterpreted the May 10 deadline. The deadline is only for banks to make statements.  Enforcement action is not part of this and is being carried out separately by separate task forces that are being created.

[Siegfried]

I thought PBoC demanded a complete "cut off" of fiat transfers for BTC related activity. "Collectible items for collectors".
All Okcoin and huobi do is raise the fees and stop leverage trading? That's it?
I'm kinda lost here.

I guess people were expecting a lot more BIG negative news (like forced closure or something), but the announcements were a lot less serious than expected and price perfectly reflected that.

What is you think we are likely to see before the 10th May deadline? Will we be done with china?

You have misinterpreted the May 10 deadline. The deadline is only for banks to make statements.  Enforcement action is not part of this and is being carried out separately by separate task forces that are being created.

And those task forces will enforce the creation of separate task forces to investigate and make statements separately about the enforcement actions that will need to be separately enforced.

[windjc]

I thought PBoC demanded a complete "cut off" of fiat transfers for BTC related activity. "Collectible items for collectors".
All Okcoin and huobi do is raise the fees and stop leverage trading? That's it?
I'm kinda lost here.

I guess people were expecting a lot more BIG negative news (like forced closure or something), but the announcements were a lot less serious than expected and price perfectly reflected that.

What is you think we are likely to see before the 10th May deadline? Will we be done with china?

You have misinterpreted the May 10 deadline. The deadline is only for banks to make statements.  Enforcement action is not part of this and is being carried out separately by separate task forces that are being created.

And those task forces will enforce the creation of separate task forces to investigate and make statements separately about the enforcement actions that will need to be separately enforced.

Lol.